Cole Haan
Cole Haan is a luxury footwear retailer that was included in the 2008 USA Today list of 26 at-risk companies. The company tried to keep up with the rise of sporty shoes by focusing on it instead of its trademark dress shoes. The brand was previously owned by Nike until Apax Partners bought it in 2013. Sadly, it had to do without the Nike comfort tech. It now has to compete with its former parent company. Unfortunately, USA Today said that it has yet to see any improvements.
Cole Haan
Charlotte Russe
In March 2019, CNBC said that Charlotte Russe had plans to liquidate and cease operations in all stores. It filed for Chapter 11 bankruptcy protection a month before that and originally wanted to shut down only 94 retail stores. Sadly, it shot up to 500 stores across the United States. CNBC claimed that this happened because a liquidator won the bankruptcy court auction. Charlotte Russe retail stores were typically located in malls, so the decreasing foot traffic definitely played a part in it.
Charlotte Russe
